ACCO Makes Notable Cross Below Critical Moving Average

In trading on Tuesday, shares of Acco Brands Corp (Symbol: ACCO) crossed below their 200 day moving average of $11.98, changing hands as low as $11.94 per share. Acco Brands Corp shares are currently trading off about 2% on the day. The chart below shows the one year performance of ACCO shares, versus its 200 day moving average: Acco Brands Corp 200 Day Moving Average Chart

Looking at the chart above, ACCO’s low point in its 52 week range is $9.06 per share, with $14.75 as the 52 week high point – that compares with a last trade of $11.96.

According to the ETF Finder at ETF Channel, ACCO makes up 1.28% of the PowerShares DWA Consumer Cyclicals Momentum Portfolio ETF (Symbol: PEZ) which is trading lower by about 0.5% on the day Tuesday.

Click here to find out which 9 other stocks recently crossed below their 200 day moving average ยป


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